The "big player in the fruit chain" Luxshare Precision released its performance report for the first half of 2022.
The financial report shows that the company's operating income in the first half of the year was 81.961 billion yuan, a year-on-year increase of 70.23%; the net profit attributable to the parent was 3.784 billion yuan, a year-on-year increase of 22.49%; the basic earnings per share was 0.53 yuan. On a month-on-month basis, the company's net profit attributable to the parent in the second quarter was 1.981 billion yuan, an increase of 10% from the previous quarter.
Luxshare also released its third-quarter performance forecast today, predicting a net profit of 6.097 billion-6.566 billion yuan in the first three quarters, a year-on-year increase of 30%-40%. Net profit in the third quarter is expected to be 2.313 billion yuan to 2.781 billion yuan, a year-on-year increase of 44.49%-73.8%
In terms of products, Luxshare Precision's revenue from communication interconnect products and precision components in the first half of the year increased the most during the reporting period, with a year-on-year increase of 158.61% to 3.644 billion yuan; followed by consumer electronics products, whose revenue increased by 73.15% year-on-year to 69.946 billion yuan, The business revenue accounted for 85.34%, an increase of about 2% over the same period last year. Car connected products increased by 20.35% year-on-year to 2.111 billion yuan.
The full name of Luxshare Precision is Luxshare Precision Industry Co., Ltd. The company is headquartered in Bao'an District, Shenzhen, Guangdong Province. It was established in 2004. In 2011, it acquired 60% of Kunshan Liantao, which mainly produces iPad cables. In 2020, it entered the metal middle frame business and the iPhone assembly business by acquiring the subsidiaries of Kaisheng and Wistron respectively, becoming the first company in mainland China. Apple iPhone OEM.
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